Trustee Investments
Trusts offer a means of holding and managing money or property for people who may not be ready or able to manage it for themselves. Indeed, trusts can be created to benefit people who are not even born yet – such as any future grandchildren someone may have.
Some of the most common family situations where trusts are used (often in conjunction with a will) are:
- To provide for a husband or wife after death while protecting the interests of any children
- To protect the inheritance of young children until they are old enough to take responsibility for their own efforts
- To provide for vulnerable relatives who are unlikely to be able to look after their own affairs
- To help succession planning in family businesses.
Trusts are particularly useful when planning how money and assets should pass from one generation to another, especially when family structures are complicated by divorces and second marriages.
Certain types of trust attract beneficial tax regimes, whereas others can present a complicated tax menu for the investor. Harrison Black Investment Services can help you navigate the various tax implications around your trust, and help you preserve your assets in line with your wishes for the future.
For more information, and for free initial consultation please contact us
HBIS is an appointed representative of Rouse Limited, which is authorised and regulated by the Financial Services Authority
